Asked by Fernando

15.
The following is excerpt is Section 1 of the Sherman Anti-Trust Act of 1890.

Every contract, combination in the form of trust or other- wise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is hereby declared to be illegal. Every person who shall make any such contract or engage in any such combination or conspiracy, shall be deemed guilty of a misdemeanor, and, on conviction thereof, shall be punished by fine not exceeding five thousand dollars, or by imprisonment not exceeding one year, or by both said punishments, at the discretion of the court.

—Congress of the United States

How did the Sherman Anti-Trust Act address Standard Oil's conspiracy to restrain trade?

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It authorized combinations of industries in order to limit competition and increase profit.

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Industries took over controlling distribution channels in exchange for lower taxes.

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It allowed federal agencies to control how much industries could produce and sell.

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It empowered the government to break up trusts and monopolies and make them illegal.

All Answers 1

Answered by GPT-5 mini AI
It empowered the government to break up trusts and monopolies and make them illegal.